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Dozens of letters from victims of Bernard L. Madoff have poured into federal district court in lower Manhattan before his expected guilty plea on Thursday.
In one letter obtained by Dealbook, Richard B. Shapiro, who had his life savings with Mr. Madoff and has now been left penniless, compared the crime to a rape.
“The truth is we were raped and he should be treated no differently than any rapist,” Mr. Shapiro wrote in a letter to the court, referring to Mr. Madoff. “Any notion that he, or any of his family and cohorts will be left with any assets is abhorrent to us.”
After learning of Mr. Madoff’s crime on Dec. 11, Mr. Shapiro says he went into a “deep depression,” didn’t leave his house for nearly a month and lost 30 pounds after fearing that his wife and children would be left homeless. “I had no desire to live, no prospects of earnings a living, no way to pay the bills,” he said.
He has put his house in Hidden Hills, Calif. on sale, cut back on discretionary expenses and is now back to working seven days a week after retiring four years ago.
Mr. Shapiro, who is 55 years old, said he felt glad that Mr. Madoff had decided to plead guilty and will likely serve a life sentence.
“I hope he is incarcerated with other rapists, not fellow scam artists that can laugh about the frauds they perpetrated,” he wrote to DealBook in an e-mail message. “More importantly, I hope that as part of any plea, he has to disclose where the money is, where it went, and that his family is forced to live comparable to many victims; poverty and despair.”
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